The equation given is \( y = 0.25x \).
In a proportional relationship, the equation can be expressed in the form \( y = kx \), where \( k \) is the constant of proportionality.
From the equation \( y = 0.25x \), we can see that the constant of proportionality \( k \) is \( 0.25 \).
Thus, the constant of proportionality is:
\[ k = 0.25 \]